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Representative image: Lockheed Martin’s $3.45 billion Ultra Maritime acquisition highlights rising demand for anti-submarine warfare, sonar systems, sonobuoys and autonomous naval sensing across allied defence markets.

Lockheed Martin (LMT) to buy Ultra Maritime for $3.45bn as undersea warfare M&A accelerates

China submarine missile test alarms Pacific as Australia, New Zealand and Japan object

Why I&M Bank’s new Mastercard World Elite cards could be the turning point for Tanzania’s digital banking future

I&M Bank Tanzania launches Mastercard World Elite debit and multi-currency prepaid cards on OpenWay’s Way4 platform, redefining premium banking in East Africa.

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October 1, 2025